Ride Report Raises $3.4M in Seed Funding

ridereportRide Report, a Portland, OR – based solution for cities to integrate new forms of micromobility, like bikes, scooters, and small electric vehicles, raised $3.4m in seed funding.

The round was led by Homebrew, with Urban Innovation and Better Ventures also participating.

The company intends to use the funds to strengthen partnerships with mobility operators and expand to serve more cities around the world.

Led by CEO and Co-Founder William Henderson, Ride Report provides a service that offers seamless communication between operators and the cities they serve, enabling access to micromobilty options while ensuring the programs achieve broader city goals of safety, equity, and sustainability.
Its service is completely free to cities. In less than an hour, cities can set up regions of concern, customize compliance alerts, and begin receiving their daily Ride Report via email. As cities move from pilot phases to permanent programs, they can upgrade to Ride Report’s premium service to conduct regular data-based audits, offer dynamic performance-based vehicle caps, and evaluate the success of their micromobility program.

The company is now partnering with 16 mobility operators across 5 countries and more than 30 cities.
City partners include Madrid, Spain, which has more than a dozen scooter operators, and Austin, TX, which has the most permitted shared mobility vehicles deployed in the U.S.

FinSMEs

23/05/2019

Join the discussion